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Kallanish Kallanish

Knowledge matters Knowledge matters

October, 21st 2018

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Weekly Steel

Issue41-18 16 Oct 2018

Kallanish Steel Weekly: Iron ore, scrap, semis’ trends diverge

Last week the pricing trend of scrap in Turkey, iron ore in China and semis in the Black Sea diverged significantly.

Iron ore surpassed the level of $70/tonne cfr Qingdao for the first time since March this year. The recovery was supported mainly by firm sentiment in finished steel ...

Issue40 09 Oct 2018

Kallanish Steel Weekly: Raw materials remain up year- on-year despite uncertainties

Recent months have been characterised by a number of uncertainties for the steel sector. The Turkish crisis that exploded during the summer brought a slump in scrap prices and many concerns for the global steel industry. In addition, recent evaluation of the upcoming restrictions for winter steel output in China ...

Issue39-18 02 Oct 2018

Kallanish Steel Weekly: Can China's winter restrictions support the global market?

The last two weeks of September saw a clear ebb in sentiment in Chinese steel markets as uncertainty over winter restrictions turned in to expectation that they would not be as strict as hoped for. How much production will actually be cut, and how this compares to last year and ...

Issue38-18 26 Sep 2018

Kallanish Steel Weekly: Global steel overcapacity falls again in 2017: OECD

The Organization for Economic Cooperation and Development (OECD) says that global steelmaking capacity decreased for the second consecutive year in 2017. Its latest report on the topic suggests, however, that the latest “… modest decrease still falls short of alleviating global overcapacity." The organisation also foresees significant additional steelmaking capacity either ...